bush Jan 12 President Bush unwittingly summed up the eight years of his presidency in what was expected to be the final press conference on January 12. “I readily concede I chunked aside some of my free market principles,” Bush said of his moves during the recent financial bailout. “Chunked"? Yes, he used the word “chunked.” The press conference was full of Bushisms like this. He told the press that “Sometimes you misunderestimated me.” Misunderestimated.

WhaleWith just two weeks left in office, President Bush designated almost 200,000 square miles of the Pacific Ocean as a national monument using powers granted by the Antiquities Act of 1906. The new marine "monument," an area about the size of Spain, is the largest protected area of ocean ever established, breaking a previous record also set by Bush in mid-2006, when he decreed 140,000 square miles in Northwest Hawaii off-limits using the same authority.

Why Ron Paul Opposed On January 8, Speaker of the House Nancy Pelosi (along with 11 House colleagues) introduced House Resolution 34, whose title reads: "Recognizing Israel's right to defend itself against attacks from Gaza, reaffirming the United States' strong support for Israel, and supporting the Israeli-Palestinian peace process." Within a day, H. Res. 34 gained 116 cosponsors and was passed by the House on January 9 (House Roll Call 10) by an overwhelming margin of 390 to 5.

ObamaPresident Bush leaves office amidst the greatest economic calamity in several generations, perhaps ever. The federal budget deficit is poised to triple last year's record $400 billion, rising to a projected $1.2 trillion, perhaps far more. Trillions too have been added to the national debt by a desperate Bush administration and craven Congress, most to bail out America's corporate and financial oligarchs.

Henry KissingerAccording to Henry Kissinger, the various political and economic crises currently conflicting the world offer President-elect Barack Obama an opportunity to create a "new world order." That's what the former Secretary of State told CNBC's Mark Haines in a January 5 interview from the busy floor of the New York Stock Exchange.

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